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With the assistance of the Far-Eastern Savings Bank, a deal was organized to sell supplies of Far Eastern energy equipment to Poland
Sberbank CIB, with the assistance of the Far East Bank, Sberbank of Russia, completed a deal covered by the Russian agency for insurance of export credits and investments EXIAR for the implementation of supplies of high-tech power equipment to Poland under an export contract of one of the enterprises of the power machine-building complex of the Far East - OJSC Far Eastern Power Engineering Plant "(" Dalenergomash "). This is another joint deal between Sberbank and EXIAR. Participation in EXIAR projects enables domestic exporters and their buyers not only to minimize the risks of settlements, but also to obtain available financial resources, the bank's press service reports.
“In the context of the orientation of the Far Eastern economy to export with high added value, the development of energy engineering enterprises competitive in international markets is of particular importance,” said Evgeny Titov, Chairman of the Far Eastern Bank Sberbank of Russia. “These enterprises include OJSC Dalenergomash, our regular customer and reliable partner.”
The General Director of Dalenergomash Oleg Konyushev noted: "The proposed structure of the Sberbank CIB transaction with the participation of ExCAR has made it possible to increase the geographical scope of our export operations and minimize the possible risks associated with the transaction."
“We are pleased to provide domestic exporters with fundamentally new opportunities for business growth and expansion of sales markets,” said Andrei Ivanov, Director of the Trade Finance and Correspondent Relations Department at Sberbank CIB. “For us, supporting Russian exports in cooperation with EXIAR is a strategic task and a reliable lever for stimulating the country's economic growth.”
EXIAR General Director Peter Fradkov said: “Promotion of Russian products to foreign markets is a priority for the Agency. We expect that the cooperation between EXIAR and Sberbank will allow domestic manufacturers to expand the geography of supply. ”